Frequently Asked Questions
Polyols (Polyester and Polyether) are chemical compounds used as key raw materials in producing polyurethanes, with polyester variants offering strength and resistance, while polyether types provide flexibility and stability in various industrial applications.
Key factors include rising demand in construction and automotive, advancements in bio-based technologies, regulatory push for sustainability, and expansion in emerging economies.
The market is projected to grow from approximately USD 38.4 billion in 2026 to USD 69.3 billion by 2035.
The CAGR is expected to be 6.2% during 2026-2035.
Asia Pacific will contribute notably, driven by industrialization and high consumption in China and India.
Major players include BASF SE, Dow Inc., Huntsman Corporation, Covestro AG, and Arkema.
The report provides comprehensive analysis including market size, trends, segmentation, regional insights, key players, and forecasts.
Stages include raw material procurement (e.g., propylene oxide, adipic acid), manufacturing of polyols, formulation into polyurethanes, distribution to end-users, and end-of-life recycling.
Trends lean toward sustainable, bio-based polyols, with consumers preferring eco-friendly, low-emission products in furniture and automotive applications.
Regulations on VOC emissions and incentives for renewable materials are pushing innovation in green polyols, while environmental concerns drive bio-based adoption.